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Millicent One is the incentivized blockchain for composable onchain finance and RWAs, designed to unlock new use cases and the potential for increased returns in digital finance.

Born from years of experience working with the world's largest financial institutions and public blockchain foundations, Millicent One was created to solve the fundamental challenges preventing the promised $20 trillion inflow of tokenized assets into the onchain economy.

Public blockchains are revolutionizing finance by creating open, accessible markets. Yet, they still face significant challenges: regulatory uncertainty, security risks, poor user experiences, and barriers to institutional adoption. Private chains attempt to address some of these issues but do so by sacrificing the core strengths of blockchain technology — innovation, accessibility, network effects, and, paradoxically, privacy. This divide has created a large, untapped opportunity in the onchain financial landscape.

As a purpose-built Ethereum rollup using the best-in-class Arbitrum Nitro stack, Millicent One combines the best of both worlds: the structure and safeguards required by traditional finance, and the innovation, composability, and accessibility of public blockchains.

Millicent One's architecture features vertically-integrated financial primitives designed for RWA-based onchain finance, including mDEX, mLEND, mFUTURES, and mOPTIONS. These core applications form the foundation of a robust, composable, financial ecosystem, enabling unique cross-asset strategies previously impossible in either TradFi and DeFi.

At the heart of Millicent One is the novel Proof-of-Participation model, a powerful incentive system that redistributes value captured from network and network-native application cashflows to community members who engage in positive-sum actions. By aligning incentives for all stakeholders, Millicent One fosters sustainable growth and active participation, moving beyond the boom-and-bust cycles often seen in the market.

Fantastic user experiences are a core feature, with Account Abstraction smart wallets offering simple and secure, Web 2.0-like passkey logins and gasless transactions for casual users. For institutions and power users, the platform uses USDC as its native gas token, dramatically simplifying accounting, reporting, and compliance concerns.

With a tiered, privacy-preserving approach to identity management and a governance-gated smart contract deployment process, Millicent One creates a safer environment for all participants while maintaining the openness and community-driven democratic approach at the core of public blockchains.

Millicent One represents a fundamental shift in the financial landscape, moving beyond simply connecting TradFi and DeFi to create an entirely new financial paradigm. By unlocking the full potential of Real World Assets (RWAs) in the onchain economy, Millicent One addresses the $49 billion in unrealized value currently left on the table each year.

Join the Millicent Movement and be part of the next evolution in financial markets. Together, we can build a world where the tools for prosperity are accessible to everyone, everywhere.